Overall Technical outlook

Price Summary

The stock of SONATSOFTW jumped 2.35% today, reflecting a impressive market performance.
On 2026-02-03, Sonata Software Limited's stock began at 319.8, peaked at 331.5, declined to 316.0, and ended the day 2.35% higher at 327.3, with 847988 shares traded.
In the last 52 weeks, the stock's top price was 551.6 and the bottom price was 301.1.
The price outlook for SONATSOFTW is between 380.0 and 500.0, with an average expectation of 420.57144, as estimated by 7 analysts.

Technicals

Support and Resistance: The price sits at 327.3, supported by 316.35 and resisted by 350.85. This indicates a trading range where 316.35 provides a floor, preventing declines, and 350.85 acts as a ceiling, limiting further price increases for SONATSOFTW.
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Support/Resistance for SONATSOFTW


Aroon: The AROON is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation.
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Aroon chart for Sonata Software Limited


Bol. Bands: The BOLL BANDS is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market.
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Bolinger Bands chart for Sonata Software Limited


Parabolic SAR: The PSAR has shifted from bearish to bullish in its latest move, hinting at a possible trend reversal. If this change is corroborated by other indicators, it could represent a significant bullish signal. Traders should watch for additional confirmation to assess the strength of this potential upward trend for Sonata Software Limited.
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Parabolic Stop and Reverse chart for Sonata Software Limited


Stochastic: The STOCHASTIC is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move.
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Stochastic chart for Sonata Software Limited


Tripple Moving Agerage: The 20-50-100 period moving averages suggest a bullish trend, but the slopes of the faster averages indicate that this strength may be weakening. The potential for a reversal is becoming apparent, as the shorter-term averages show signs of fading momentum, suggesting that a trend change could be imminent.
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Tripple SMA chart for Sonata Software Limited


A thorough analysis of a company involves looking beyond its stock price movements and trading patterns. You must also examine its fundamentals, which include profitability, growth prospects, and competitive advantages. Additionally, the industry in which the company operates provides important context, as factors like technological innovations, regulation, and market demand influence performance. By integrating this information with technical analysis, more accurate predictions about the company's future can be made.